…this point home. In September 2014, there were 631 top quartile equity funds according to S&P. Fast forward two years to September 2016, and only 2.85% (or 18 funds) stayed…
Search Results for: low-volatility funds
Are Cash Holdings by Fund Managers a Harbinger of Doom?
…Russel Kinnel: “Managers used to hold cash to handle redemptions, but now they can use exchange-traded funds as a liquidity tool—making the decision to hold cash more about investing strategy…
Warren Buffett is the Best Stock Picker
…constitutes far more than good luck. The article outlines a variety of data points to support this argument, including those of growth funds and “bot” stock picking strategies. “Good luck…
Most Read Posts on Validea’s Guru Investor
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] Hidden Secrets in Warren’s Buffett’s Annual Letter to Shareholders [2] Does High Testosterone…
Does High Testosterone Lead to Low Investing Returns?
New research suggests that aggressive traits in professional investors may translate into lower returns, according to recent article in The Economist. A recent study analyzed over twenty years of data…
Market Insights from Howard "Jay" Bowen
A recent Barron’s article shares market insights gleaned from an interview with Harold “Jay” Bowen, who has overseen the Tampa Fire and Police Pension fund’s extraordinary performance since 2000. Here…
Does Private Equity Beat the Market?
A recent Wall Street Journal article addresses reader comments regarding the uptick in the cash balances held by private equity firms. Below are samples of reader questions and corresponding WSJ…
Ritholtz on Hedge Fund Mediocrity
According to Bloomberg columnist Barry Ritholtz, hedge funds are selling public pension funds “an inflated estimate of expected returns,” adding that “it is a challenge to explain why so much…
Ritholtz on Market Trends
…Here are some highlights: Ritholtz points out that 2017 was an unusual year for the market given the extremely low level of volatility. The recent correction he says, is normal….
Dalio's $22 Billion Bet Against Europe
Billionaire fund manager and Bridgewater founder Ray Dalio is “leading his firm down a path few other funds care to tread,” that involves selling off European holdings to the tune…